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$867,000

620 Cannan Rd, Canyon Lake, TX, 78133

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,060 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$325.16 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Free-Standing Electric Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRV Hookup
Lot Size2.21 acres

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN74-0223-0011-02
SubdivisionA-223 Sur- 21 C H Hunt
Land UseResidential
Legal DescriptionA-223 SUR- 21 C H HUNT, ACRES 2.2139
Census Tract310611
Assessed Land Value$264,030
Assessed Improvement Value$356,110
Assessment Year2025

About this property

MOTIVATED SELLER!! Location, Location, Location! Absolutely gorgeous Texas Hill Country ranch home remodel! Make this home yours as a primary residence or a vacation home for your family to enjoy the beautiful Texas Hill Country for years to come! Enjoy the seclusion that this 2.2 acres offers yet you are not far from all that is New Braunfels. Minutes from Canyon Lake and walking distance to the Guadalupe River's famous horseshoe tubing and Whitewater Amphitheater. Only 12 miles from Gruene Hall, Grist Mill, etc! Fredericksburg's famous wine country is just a short 45 minute drive. Man Cave and in-law suite make this a truly unique home. Plenty of parking with RV electric/water hook up. Take in the breathtaking view each morning from your spacious patio. Enjoy the seclusion of the Texas Hill Country in this fabulous home!

Investor Tools

Property Icon
$867,000
Estimated Property Value
$562,500Estimated Mortgage Balance
$344,719Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,078/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,598
$620,140
2025
$264,030
$356,110
$620,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,598
$620,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$562,500
No
First
Jul 15, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$523,223
$320,777
38%
60%
$3,373/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Canyon Lake

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620 Cannan Rd | Property Details | No Agent List